Title: PPT for Heat Transfer Fluid Market Update, 2017
1Heat Transfer Fluid Market Share Industry
Analysis, 2016 2023 Fractovia.org
Heat Transfer Fluid (HTF) Market Size By Product
(Glycol, Mineral Oils, Silicones Aromatics), By
Application (HVAC, Pharmaceuticals, Plastics,
Food Beverages, Concentrated Solar Power (CSP),
Chemical Industry, Oil Gas), Industry Analysis
Report, Regional Outlook (U.S, Canada, Germany,
UK, China, India, Japan) Application Potential,
Price Trends, Competitive Market Share
Forecast, 2016 2023
2Overview
- (HTF) Heat Transfer Fluid Market size is
estimated to surpass USD 3.5 billion by 2023 - Global Heat Transfer Fluid Market is noticing
lucrative business opportunities in the chemical,
metal processing, and OG sectors. Heat transfer
fluids (HTF) avoid overheating of a mechanical
component during an ongoing physical and chemical
process. - Heat transfer fluid market size in 2015 was 480
kilo tons, and is anticipated to grow
significantly in the coming timeframe at a CAGR
of 6 over 2016-2023. - Silicone aromatics, glycol, and mineral oils
are the basic products used in heat transfer
fluid mechanism. - Glycol industry is forecast to experience the
maximum growth rate, with an estimated CAGR of
more than 6.5 over the period 2016-2023.
3UK heat transfer fluids market size, by product,
2012-2023 (Kilo tons)
4Product Trends
- Glycol industry is forecast to experience the
maximum growth rate, with an estimated CAGR of
more than 6.5 over the period 2016-2023.
Extensive product application in the food and
beverage sector fueled by USDA and FDA approvals
will trigger glycol heat transfer fluid market
demand. - Noteworthy expansion in the concentrated solar
power industry along with favorable government
initiations to promote sustainable energy sources
is predicted to fuel the market growth. It is
estimated that CSP application sector will show
maximum growth rate, rising exponentially at an
annual rate of 7.2 over 2016-2023. Another niche
application segment of HTF market is oil and gas
sector. This application dominated the market in
2015, with a revenue generation of more than 470
million.
5Regional Trends
- Europe, dominated by Germany and UK heat transfer
fluid industry, had the largest market share in
terms of revenue in 2015, with a record over USD
700 million. It is estimated that Europe industry
will prosper more over the years to come, with a
striking annual growth rate of 5 over the period
2016-2023. - The market is fiercely competitive with companies
concentrating on developing bio-based products.
Key participants include British Petroleum,
Eastman, Dow Chemicals, and Shell Corporation.
Competitive Trends
6 Browse Full Market Research Report Heat Transfer
Fluid (HTF) Market _at_ http//bit.ly/2pg1Phu
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